HS Valve Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2012
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Mar '12 Mar 31, 2012
Revenue	84,431	91,264	91,551	85,526	71,962	64,906
Revenue Growth (YoY)	-6.36%	-0.31%	7.04%	18.85%	10.87%	7.85%
Cost of Revenue	71,866	74,434	72,249	72,997	61,699	50,957
Gross Profit	12,565	16,830	19,301	12,529	10,263	13,949
Selling, General & Admin	7,849	7,448	7,160	6,882	6,045	6,738
Research & Development	1,020	986.73	1,033	1,144	1,122	-
Amortization of Goodwill & Intangibles	-	5.97	4.11	3.81	2.68	-
Other Operating Expenses	226.45	213.63	206.43	249.39	251.87	-30.41
Operating Expenses	9,380	8,867	9,272	8,826	7,637	6,707
Operating Income	3,184	7,963	10,030	3,702	2,626	7,241
Interest Expense	-844.39	-1,047	-1,100	-623.21	-251.29	-710.62
Interest & Investment Income	423.05	412.01	303.29	408.23	367.57	165.04
Currency Exchange Gain (Loss)	62.56	75.37	24.41	54.42	122.31	-
Other Non Operating Income (Expenses)	-76.2	-56.53	-47.09	-13.37	42.78	-
EBT Excluding Unusual Items	2,749	7,347	9,210	3,529	2,907	6,696
Gain (Loss) on Sale of Investments	98.32	52.17	303.37	-100.58	-261.61	-
Gain (Loss) on Sale of Assets	156.54	151.79	57.28	231.02	-60.87	-
Pretax Income	3,004	7,551	9,571	3,659	2,585	6,696
Income Tax Expense	-147.74	448.24	1,504	678.63	196.43	1,129
Net Income	3,152	7,103	8,066	2,980	2,388	5,567
Net Income to Common	3,152	7,103	8,066	2,980	2,388	5,567
Net Income Growth	-46.93%	-11.94%	170.66%	24.79%	-57.10%	6.70%
Shares Outstanding (Basic)	10	10	10	10	10	9
Shares Outstanding (Diluted)	10	10	10	10	10	9
Shares Change (YoY)	0.04%	-	-	-	21.55%	0.00%
EPS (Basic)	302.71	682.30	774.85	286.28	229.42	650.00
EPS (Diluted)	302.71	682.30	774.85	286.28	229.42	650.00
EPS Growth	-46.95%	-11.94%	170.66%	24.79%	-64.70%	6.69%
Free Cash Flow	4,828	1,291	7,185	-11,839	-1,072	1,335
Free Cash Flow Per Share	463.71	123.98	690.19	-1137.18	-102.99	155.83
Gross Margin	14.88%	18.44%	21.08%	14.65%	14.26%	21.49%
Operating Margin	3.77%	8.73%	10.96%	4.33%	3.65%	11.16%
Profit Margin	3.73%	7.78%	8.81%	3.48%	3.32%	8.58%
Free Cash Flow Margin	5.72%	1.41%	7.85%	-13.84%	-1.49%	2.06%
EBITDA	4,829	9,622	11,486	5,174	4,065	8,104
EBITDA Margin	5.72%	10.54%	12.55%	6.05%	5.65%	12.48%
D&A For EBITDA	1,645	1,659	1,457	1,472	1,439	862.35
EBIT	3,184	7,963	10,030	3,702	2,626	7,241
EBIT Margin	3.77%	8.73%	10.96%	4.33%	3.65%	11.16%
Effective Tax Rate	-	5.94%	15.72%	18.55%	7.60%	16.86%
Advertising Expenses	-	247.86	248.78	156.09	244.04	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.